A personal injury settlement begins when a demand package is sent to the insurance company. The success of your settlement negotiations can often hinge on the strength of your demand package. At Precise, our team of litigation experts can provide you with graphics, animations, and videos to bolster your demand package and support your settlement negotiations.
What is a Demand Package?
The purpose of a demand package is to inform the insurance company an accident has occurred, lay out the details of the case, and request a specific amount as compensation for the injuries sustained. The package will include important information, such as:
- Facts related to the accident (how and where it occurred and a description of the incident)
- Information regarding the injuries sustained (what they are, how they happened, and what medical treatment was obtained)
- How these injuries have impacted the claimant
- Various medical statements and bills
- Facts related to the liability of the parties
- A demand for a settlement amount
How Does a Demand Package Support Your Case?
A settlement amount is calculated by tallying economic and non-economic damages. Economic damages are easy to quantify, as they include such things as medical expenses, therapy and nursing expenses, lost wages, adaptive devices, durable medical equipment, and so on. Past economic damages are proven through bills and receipts while future economic damages can be easily determined from past costs. Non-economic damages are more intangible and therefore harder to estimate. They include pain, suffering, mental anguish, inconvenience and disfigurement.
Insurance companies will try to challenge your settlement demand by claiming certain medical treatments were unnecessary or placing less value on your pain and suffering. This is where a demand package proves to be most beneficial, providing the insurance company with a preponderance of evidence to support your claims.
At Precise, our expert legal videographers can produce succinct visual narratives or comprehensive, turn-key deliverables to fit the needs of your case. We also offer Day-in-the-Life videos to effectively demonstrate how your client’s injuries impact their day-to-day life. Our skilled animators and graphic artists can recreate the accident and clearly demonstrate how the injuries were sustained, or provide a timeline of events documenting medical treatment. Lastly our medical illustrators can add clarity to medical images such as x-rays, MRIs, and CT scans, presenting all relevant information neatly and succinctly.
Bolster Your Settlement Negotiations with Precise
A demand package that methodically and persuasively demonstrates the strength of your case increases the likelihood of a favorable settlement. For more information on how Precise’s team of litigation experts can help your settlement negotiations, call us today at 866-277-3247.